Macroeconomics / Edition 1

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Overview

When it comes to explaining current economic conditions, there is no economist readers trust more than New York Times columnist and Nobel laureate Paul Krugman.  Term after term, Krugman is earning that same level of trust in the classroom, with more and more instructors introducing students to the fundamental principles of economics via Krugman’s signature storytelling style. The new Third Edition of Paul Krugman and Robin Wells’s Economics is their most accomplished yet—extensively updated to offer new examples and stories, new case studies from the business world, and expert coverage of the ongoing financial crisis.
 
Watch a video interview of Paul Krugman here.

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Product Details

  • ISBN-13: 9780716752288
  • Publisher: Worth Publishers
  • Publication date: 12/15/2005
  • Edition description: First Edition
  • Edition number: 1
  • Pages: 600
  • Product dimensions: 8.49 (w) x 10.61 (h) x 0.71 (d)

Table of Contents

PART 1. WHAT IS ECONOMICS?
Introduction: The Ordinary Business of Life
1. First Principles
2. Economic Models: Trade-offs and Trade
Chapter 2 Appendix. Graphs in Economics

PART 2. SUPPLY AND DEMAND
3. Supply and Demand
4. The Market Strikes Back
5. Consumer and Producer Surplus

PART 3. INTRODUCTION TO MACROECONOMICS
6. Macroeconomics: The Big Picture
7. Tracking the Macroeconomy

PART 4. THE ECONOMY IN THE LONG RUN
8. Long-run Economic Growth
9. Savings, Investment Spending, and the Financial System

PART 5. SHORT-RUN ECONOMIC FLUCTUATIONS
10. Aggregate Supply and Aggregate Demand
11. Income and Expenditure
Chapter 11 Appendix: More on the Income-Expenditure Model
12. Fiscal Policy
Chapter 12 Appendix: Taxes and the Multiplier
13. Money, Banking, and the Federal Reserve System
14. Monetary Policy

PART 6. THE SUPPLY-SIDE AND THE MEDIUM RUN
15. Labor Markets, Unemployment, and Inflation
16. Inflation, Deflation, and Stagflation

PART 7. EVENTS AND IDEAS
17. The Making of Modern Macroeconomics

PART 8. THE OPEN ECONOMY
18. International Trade
19. Open-economy Macroeconomics

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